Sec. 51.305. PERSONAL FINANCIAL LITERACY TRAINING. (a) In this section:
(1) "Coordinating board" means the Texas Higher Education Coordinating Board.
(2) "General academic teaching institution" has the meaning assigned by Section 61.003.
(b) The coordinating board by rule shall:
(1) require a general academic teaching institution to offer training in personal financial literacy to provide students of the institution with the knowledge and skills necessary as self-supporting adults to make critical decisions relating to personal financial matters; and
(2) determine the topics to be covered by the training, which may include budgeting, credit cards, spending, saving, loan repayment and consolidation, taxes, retirement planning, insurance, and financing of health care and other benefits.
(c) The coordinating board by rule may provide for the training required under this section to be offered in an online course.
(d) Expired.
Added by Acts 2011, 82nd Leg., R.S., Ch. 230 (H.B. 399), Sec. 1, eff. June 17, 2011.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1221 (S.B. 1590), Sec. 1, eff. June 14, 2013.
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